Nowadays, health insurance is a top priority in our life. With ever-increasing medical costs and ever-increasing health dangers, it’s more important than ever to acquire medical coverage. When deciding to get health insurance in the UAE, one typical concern that arises is if it is feasible to purchase more than one health insurance package to cover their medical bills.
Importance of health insurance in the UAE
The government of the United Arab Emirates has made health insurance mandatory for its people. Employers in the area are expected to provide health benefits to their employees and their families. A monthly punishment of AED 500 will be imposed if this law is not followed. This may be a problem if the resident still has health insurance that provides additional coverage to the company’s community medical insurance. For expects who has own visa they have to pay themselves.
Insurance firms frequently delegate liability for losses to the other insurer. When insurers in the UAE realize they are no longer responsible to pay the lawsuit or commit to paying the medical costs until another insurance provider has met the responsibility, they are notorious for doing so. Mainly because,
- A policyholder cannot have more than the amount of the shortfall under UAE law. As a result, if the first insurer’s health plan shields the loss and the policyholder decides to make the complaint only against that insurer for personal reasons, the policyholder has no additional incentives to file a claim against the second insurer’s loss.
- The UAE’s rules do not give the first insurer the right to sue other insurers who are similarly accountable for the loss once the damage is fully compensated under the first insurer’s program
When one component of insurance is covered by two or more insurance firms for the same purpose and for the same interest, for the same risk, and for a comparable amount of time, this is known as multiple insurance or dual insurance. Each of these factors must be present in order for it to be labeled dual protection.
The following are examples of situations when dual insurance claims are common:
1. A construction project based on the ‘Construction All Hazards’ principle. This means that both the contractor and the subcontractor are protected in the event of physical injuries and collateral loss. In most cases, the subcontractor already has public liability insurance. In the unlikely event that the subcontractor is found liable for personal injuries, all health insurance policies will cover the costs, unless exclusion applies.
2. A car accident in which the driver sustains personal injuries. In most cases, the driver has motor car insurance in addition to the employer’s liability policy, and both are responsible for the driver’s injuries, even if a clause in one of the life insurance plans states otherwise.
3. In the healthcare industry, health professionals who work as private workers in hospitals opt to have their own occupational liability insurance. They may also be covered by the hospital’s occupational liability insurance, which will keep them on the premises. This is a widespread occurrence in the UAE and the Gulf Cooperation Council. Where there is a loss or harm to any of the liabilities against which the insured is insured, the insured person or the insured company will be entitled to recover the full amount of the loss from each of the insurance companies or insurance insurers from which they want to claim the loss, in accordance with the provisions of each policy.